Ubisoft's Racing Game 'The Crew' Delayed As Well

Ubisoft is now delaying The Crewto sometime between July 1 and September 30, 2014. The open-world racing title was originally set to release in the first quarter of 2014 for PC, Xbox One and PlayStation 4.

As a result of these delays, Ubisoft has revised its sales forecast from €1.42-1.45 billion to €995 million – 1.05 billion.

"Our long term goal is to win the next generation," Ubisoft CEO Yves Guillemot said. "The tough decisions we are taking today to fully realize the major potential of our new creations have an impact on our short-term performance. We are convinced that, longer term, they will prove to be the right decisions both in terms of satisfaction for our fans and in terms of value creation for our shareholders. We are building franchises that will become perennial pillars of Ubisoft’s financial performance. In a context of growing successes for mega-blockbusters, the additional time given to the development of our titles will allow them to fulfill their huge ambitions and thus offer players even more exceptional experiences Fueled by strong momentum for PlayStation 4 and XboxOne, calendar 2014 will see the return of growth to the console market. Combined with the quality of our line-up and our strong financial situation, this growth will allow us to achieve record operating income in fiscal 2014-15 and 2015-16."